The Dubai Green Economy Partnership (Dubai GEP), launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, has unveiled a comprehensive strategy to strengthen Dubai’s shift towards a green economy.
The strategy is led by partnerships and innovative clean technologies centred on innovation, development and smart technologies that support the Dubai Plan 2021.
The Dubai Green Economy Partnership stimulates the growth of a green and sustainable economy in the Dubai and strengthens the Emirate’s position as a leader in the transition to a green economy.
The Dubai Green Economy Partnership’s strategy proposes cooperation among its founding members and a sustainable business framework that depends on three key pillars. These are: a green economy innovation centre, a gateway for green investment and trade, and an effective communications strategy.
Dubai GEP highlights Dubai’s vision and achievements in the area of energy and showcase new business opportunities arising from the transition to a green economy in Dubai.
“The Dubai Green Economy Partnership plans to be a strategic partner in research projects such as green jobs, and facilitate the transition of Dubai to a green economy by helping companies to adopt green technologies in its businesses. The innovation centre has been established to enhance new innovations. The central mission of the Dubai Green Economy Partnership is to promote green trade and investment in regional markets, and finally to accelerate the adaptation of green technologies, products and services worldwide in order to enable Dubai and the UAE economy to grow sustainably,” said HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy.
“None of the objectives of the strategy can be achieved without innovation and research. Today we live in a rapidly changing world, with speedy developments, great opportunities, discoveries, and inventions. That’s why, we must keep up and support the transition to a green economy embracing new technologies, products and services,” said HE Ahmed Buti Al Muhairbi, Secretary General of the Dubai Supreme Council of Energy, and Chairman of Dubai GEP.
“The green economy is the largest sector in the world together with IT sector in advancing innovation. Dubai Green Economy Partnership is pioneering a comprehensive strategy that links green economy and clean technologies while also promoting green trade and investments in Dubai,” said Fahad Al Gergawi, CEO of Dubai Investment Development Agency (Dubai FDI), and Secretary General of Dubai GEP.
The strategy was endorsed by HE Ahmed Buti Al Muhairbi, Secretary General of the Dubai Supreme Council of Energy and Chairman of Dubai Green Economy Partnership, and Fahad Al Gergawi, CEO of Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), and Secretary General of Dubai GEP.
The strategy involves frontline public and private sector organisations such as the Dubai Supreme Council of Energy, Dubai Department of Economic Development, Dubai Electricity and Water Authority, Roads and Transport Authority, Dubai Municipality, Dubai FDI, EnPark, Pacific Controls, Dubai Carbon Centre of Excellence, Etihad ESCO, Emirates Global Aluminium and Emirates National Oil Company (Enoc) to design and implement initiatives and programmes aligned to its three pillars. The next Green Leadership Series event of the partnership will be held in June 2015 with focus on innovation.
At an international level, Dubai GEP will establish global partnerships and collaboration to bring innovation to a city level. The group has been regularly participating in the Road to Paris events in preparation for the Conference of the Parties (C0P21) to the United Nations Framework Convention on Climate Change (UNFCCC) aimed to achieve a legally binding and universal agreement on climate for all nations in the world.
Dubai GEP is also in permanent contact with the United Nations Environment Programme (UNEP) with regard to the Rio+20 Conference agreement by member States to launch a process to develop a set of Sustainable Development Goals (SDGs), which will build upon the Millennium Development Goals and converge with the post 2015 development agenda.